vs
Inotiv, Inc.（NOTV）与Rocket Lab Corp（RKLB）财务数据对比。点击上方公司名可切换其他公司
Rocket Lab Corp的季度营收约是Inotiv, Inc.的1.5倍（$179.7M vs $120.9M），Inotiv, Inc.净利率更高（-23.5% vs -29.5%，领先6.0%），Rocket Lab Corp同比增速更快（35.7% vs 0.8%），Inotiv, Inc.自由现金流更多（$-10.6M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs 0.8%）
Inotiv公司是一家注册于美国印第安纳州的合同研究组织，总部位于该州拉斐特市。公司设有两大核心业务板块：发现与安全评估业务（DSA）以及研究模型与服务业务（RMS），可为小分子候选药物、生物治疗产品及生物医疗设备提供安全评估、分析、代谢研究、CMC及法规咨询等药物开发与环境科学相关服务。
Rocket Lab是公开上市的航空航天制造商及发射服务提供商，旗下Electron轨道火箭主打小型卫星发射，截至2026年1月已成功完成超75次任务，是全球现役发射次数最多的小型运载火箭。公司还开发了Electron的亚轨道改型HASTE用作高超音速技术测试平台，下一代可复用中型运载火箭Neutron目前也在研发中。
NOTV vs RKLB — 直观对比
营收规模更大
RKLB
是对方的1.5倍
$120.9M
营收增速更快
RKLB
高出34.9%
0.8%
净利率更高
NOTV
高出6.0%
-29.5%
自由现金流更多
NOTV
多$103.6M
$-114.2M
两年增速更快
RKLB
近两年复合增速
0.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $120.9M | $179.7M |
| 净利润 | $-28.4M | $-52.9M |
| 毛利率 | — | 38.0% |
| 营业利润率 | -13.5% | -28.4% |
| 净利率 | -23.5% | -29.5% |
| 营收同比 | 0.8% | 35.7% |
| 净利润同比 | -2.7% | -1.1% |
| 每股收益（稀释后） | $-0.83 | $-0.09 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收NOTVRKLB
| Q4 25 | $120.9M | $179.7M | ||
| Q3 25 | $138.1M | $155.1M | ||
| Q2 25 | $130.7M | $144.5M | ||
| Q1 25 | $124.3M | $122.6M | ||
| Q4 24 | $119.9M | $132.4M | ||
| Q3 24 | $130.4M | $104.8M | ||
| Q2 24 | $105.8M | $106.3M | ||
| Q1 24 | $119.0M | $92.8M |
净利润NOTVRKLB
| Q4 25 | $-28.4M | $-52.9M | ||
| Q3 25 | $-8.6M | $-18.3M | ||
| Q2 25 | $-17.6M | $-66.4M | ||
| Q1 25 | $-14.9M | $-60.6M | ||
| Q4 24 | $-27.6M | $-52.3M | ||
| Q3 24 | $-18.9M | $-51.9M | ||
| Q2 24 | $-26.1M | $-41.6M | ||
| Q1 24 | $-48.1M | $-44.3M |
毛利率NOTVRKLB
| Q4 25 | — | 38.0% | ||
| Q3 25 | — | 37.0% | ||
| Q2 25 | — | 32.1% | ||
| Q1 25 | — | 28.8% | ||
| Q4 24 | — | 27.8% | ||
| Q3 24 | — | 26.7% | ||
| Q2 24 | — | 25.6% | ||
| Q1 24 | — | 26.1% |
营业利润率NOTVRKLB
| Q4 25 | -13.5% | -28.4% | ||
| Q3 25 | -4.9% | -38.0% | ||
| Q2 25 | -4.3% | -41.3% | ||
| Q1 25 | -2.4% | -48.3% | ||
| Q4 24 | -12.9% | -38.9% | ||
| Q3 24 | -10.1% | -49.5% | ||
| Q2 24 | -19.6% | -40.7% | ||
| Q1 24 | -36.2% | -46.4% |
净利率NOTVRKLB
| Q4 25 | -23.5% | -29.5% | ||
| Q3 25 | -6.2% | -11.8% | ||
| Q2 25 | -13.5% | -46.0% | ||
| Q1 25 | -12.0% | -49.5% | ||
| Q4 24 | -23.0% | -39.5% | ||
| Q3 24 | -14.5% | -49.6% | ||
| Q2 24 | -24.7% | -39.2% | ||
| Q1 24 | -40.4% | -47.7% |
每股收益（稀释后）NOTVRKLB
| Q4 25 | $-0.83 | $-0.09 | ||
| Q3 25 | $-0.14 | $-0.03 | ||
| Q2 25 | $-0.51 | $-0.13 | ||
| Q1 25 | $-0.44 | $-0.12 | ||
| Q4 24 | $-1.02 | $-0.11 | ||
| Q3 24 | $-0.73 | $-0.10 | ||
| Q2 24 | $-1.00 | $-0.08 | ||
| Q1 24 | $-1.86 | $-0.09 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $12.7M | $1.0B |
| 总债务越低越好 | $405.8M | $152.4M |
| 股东权益账面价值 | $109.0M | $1.7B |
| 总资产 | $734.3M | $2.3B |
| 负债/权益比越低杠杆越低 | 3.72× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资NOTVRKLB
| Q4 25 | $12.7M | $1.0B | ||
| Q3 25 | $21.7M | $976.7M | ||
| Q2 25 | $6.2M | $688.1M | ||
| Q1 25 | $19.3M | $428.4M | ||
| Q4 24 | $38.0M | $419.0M | ||
| Q3 24 | $21.4M | $442.4M | ||
| Q2 24 | $14.4M | $496.8M | ||
| Q1 24 | $32.7M | $492.5M |
总债务NOTVRKLB
| Q4 25 | $405.8M | $152.4M | ||
| Q3 25 | $402.1M | $347.0M | ||
| Q2 25 | $396.5M | $346.5M | ||
| Q1 25 | $399.5M | $345.9M | ||
| Q4 24 | $396.0M | $345.4M | ||
| Q3 24 | $393.3M | $61.2M | ||
| Q2 24 | $382.4M | $64.2M | ||
| Q1 24 | $380.6M | $66.8M |
股东权益NOTVRKLB
| Q4 25 | $109.0M | $1.7B | ||
| Q3 25 | $136.0M | $1.3B | ||
| Q2 25 | $143.8M | $688.5M | ||
| Q1 25 | $157.7M | $431.3M | ||
| Q4 24 | $169.8M | $382.5M | ||
| Q3 24 | $170.5M | $419.8M | ||
| Q2 24 | $182.1M | $455.2M | ||
| Q1 24 | $207.2M | $478.9M |
总资产NOTVRKLB
| Q4 25 | $734.3M | $2.3B | ||
| Q3 25 | $771.1M | $2.2B | ||
| Q2 25 | $759.7M | $1.6B | ||
| Q1 25 | $766.0M | $1.3B | ||
| Q4 24 | $772.9M | $1.2B | ||
| Q3 24 | $781.4M | $1.2B | ||
| Q2 24 | $774.6M | $1.2B | ||
| Q1 24 | $815.4M | $1.2B |
负债/权益比NOTVRKLB
| Q4 25 | 3.72× | 0.09× | ||
| Q3 25 | 2.96× | 0.27× | ||
| Q2 25 | 2.76× | 0.50× | ||
| Q1 25 | 2.53× | 0.80× | ||
| Q4 24 | 2.33× | 0.90× | ||
| Q3 24 | 2.31× | 0.15× | ||
| Q2 24 | 2.10× | 0.14× | ||
| Q1 24 | 1.84× | 0.14× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-5.4M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $-10.6M | $-114.2M |
| 自由现金流率自由现金流/营收 | -8.8% | -63.6% |
| 资本支出强度资本支出/营收 | 4.3% | 27.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-28.7M | $-321.8M |
8季度趋势，按日历期对齐
经营现金流NOTVRKLB
| Q4 25 | $-5.4M | $-64.5M | ||
| Q3 25 | $14.3M | $-23.5M | ||
| Q2 25 | $-7.4M | $-23.2M | ||
| Q1 25 | $-12.8M | $-54.2M | ||
| Q4 24 | $-4.5M | $-2.4M | ||
| Q3 24 | $-2.4M | $-30.9M | ||
| Q2 24 | $-14.8M | $-13.0M | ||
| Q1 24 | $16.9M | $-2.6M |
自由现金流NOTVRKLB
| Q4 25 | $-10.6M | $-114.2M | ||
| Q3 25 | $11.6M | $-69.4M | ||
| Q2 25 | $-11.5M | $-55.3M | ||
| Q1 25 | $-18.3M | $-82.9M | ||
| Q4 24 | $-9.0M | $-23.9M | ||
| Q3 24 | $-7.7M | $-41.9M | ||
| Q2 24 | $-19.2M | $-28.3M | ||
| Q1 24 | $9.9M | $-21.8M |
自由现金流率NOTVRKLB
| Q4 25 | -8.8% | -63.6% | ||
| Q3 25 | 8.4% | -44.8% | ||
| Q2 25 | -8.8% | -38.3% | ||
| Q1 25 | -14.7% | -67.6% | ||
| Q4 24 | -7.5% | -18.1% | ||
| Q3 24 | -5.9% | -40.0% | ||
| Q2 24 | -18.2% | -26.7% | ||
| Q1 24 | 8.3% | -23.5% |
资本支出强度NOTVRKLB
| Q4 25 | 4.3% | 27.6% | ||
| Q3 25 | 1.9% | 29.6% | ||
| Q2 25 | 3.1% | 22.2% | ||
| Q1 25 | 4.4% | 23.4% | ||
| Q4 24 | 3.7% | 16.3% | ||
| Q3 24 | 4.1% | 10.5% | ||
| Q2 24 | 4.2% | 14.4% | ||
| Q1 24 | 5.9% | 20.7% |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
NOTV
| Research Models And Services Segment | $72.9M | 60% |
| Discovery And Safety Assessment Segment | $48.0M | 40% |
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
